Answer:
Culver Company
Production Budget for 2022:
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total
Unit sales 108,000 63,000 73,000 118,000 362,000
Ending inventory 12,600 14,600 23,600 18,800 18,800
Total units available 120,600 77,600 96,600 136,800 380,800
Beginning inventory 21,600 12,600 14,600 23,600 21,600
Production units 99,000 65,000 82,000 113,200 359,200
Explanation:
a) Data and Calculations:
2022 2023
Quarter Units Quarter Units
1 108,000 1 94,000
2 63,000
3 73,000
4 118,000
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1
Unit sales 108,000 63,000 73,000 118,000 94,000
Beginning inventory 21,600 12,600 14,600 23,600 18,800
Ending inventory 12,600 14,600 23,600 18,800
Production Budget for 2022:
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total
Unit sales 108,000 63,000 73,000 118,000 362,000
Ending inventory 12,600 14,600 23,600 18,800 18,800
Total units available 120,600 77,600 96,600 136,800 380,800
Beginning inventory 21,600 12,600 14,600 23,600 21,600
Production units 99,000 65,000 82,000 113,200 359,200
